Kodak’s Q2 financial results
The Eastman Kodak Company reported the financial results for the second quarter of 2020:
- Consolidated revenues of $213 million
- GAAP net loss of $5 million
- Operational EBITDA of negative $7 million
- Revenues declined by approximately $94 million compared with the same period in 2019
- Kodak ended the quarter with a cash balance of $180 million, down from the March 31, 2020 cash balance of $209 million.
The latest financial results from other companies:
- Fujifilm Imaging Solutions: revenue down 33.2%
- Nikon Imaging Business: revenue down 63%
- Olympus Imaging Division: revenue is down 40%
- Canon Imaging Division: sales: -30.8%, profit: -93.8%
- Sony camera sales: more than 50% down
- Ricoh: operating loss of 6.4 billion yen
